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Showing 20 of 139 results by bitlizard
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Board Announcements (Altcoins)
Re: [XBC] BitcoinPlus 🌟Official Thread🌟官方公告
by
bitlizard
on 28/06/2017, 05:01:25 UTC
I just found out about xbc 2 days ago and I think it's really cool in terms of it's rules 20% POW and a tiny 1,000,000 supply. Those two aspects alone make for a very compelling cryptocoin, that I think could actually have very broad appeal.

How strong is xbc in terms of security and will there be any improvements in terms of UI in the near future?
My xbc wallet gives a weighted staking value and a network value, what does it mean?
Is there an xbc subreddit?
Any interesting development going on?
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Topic
Board Announcements (Altcoins)
Re: [XBC] BitcoinPlus 🌟Official Thread🌟官方公告
by
bitlizard
on 27/06/2017, 18:28:42 UTC
I installed the xbc wallet and made the mistake of encrypting it, preventing me from mining. Is there a way to unecrypt it?
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Board Bitcoin Discussion
Re: Vancouver getting all the love - 2nd Robocoin ATM found!!
by
bitlizard
on 17/06/2014, 15:46:07 UTC
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Topic
Board Bitcoin Discussion
Re: Vancouver getting all the love - 2nd Robocoin ATM found!!
by
bitlizard
on 08/06/2014, 20:30:47 UTC
I was talking to someone in Vancouver the other day who showed me a mini atm (one of six) that does not require any biometric data. So expect to see them in the Lower Mainland in the not to distant future.
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Board Pilipinas
Re: Pilipinas (Philippines)
by
bitlizard
on 04/07/2013, 12:22:19 UTC
Philipino here!! But living in united states Smiley

What are your thoughts on remittances to the Philippines? Bitcoin Vs. Western Union / other.
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Topic
Board Legal
Re: Banning and regulating Bitcoin
by
bitlizard
on 25/06/2013, 02:38:16 UTC
I'm very skeptical that bitcoin can even comply. It may not be possible to create the necessary consensus within the community. The power to regulate is the power to destroy and I think the community understands that on a fairly conscious level. That's why the regulation topic is such a contentious issue on the forums and reddit. Regulatory compliance is merely the thin edge of the wedge that would eventually split bitcoin in two if we let it. Was Satoshi's vision for bitcoin based upon principals or compromise? We all know the answer. Bitcoin will be regulated, but only to the extent it is declared illegal and outlawed in the US and probably other parts of the western world as well. The regulation topic is a nebulous intellectual tar baby, it's a blackhole sucking up a lot a brain power that would best be focused on other things, like developing bitcoin services for people in parts of the world who would actually be appreciative instead of telling you that you need to apply for a MTB license.  
Fortunately large parts of the community are located outside the United States. Enough, I think, to veto any attempt by coerced US-based developers to fundamentally destroy Bitcoin by changing into something the opposite of what it currently is.

I've been saying for almost a year that the brain power you are talking about should forget about trying to hit the moving target of regulatory compliance in the US and should instead develop censorship-resistant business models that are viable even in the presence of a hostile regulatory environment.

If this was facebook I would friend you right here and now!
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Topic
Board Legal
Re: Banning and regulating Bitcoin
by
bitlizard
on 25/06/2013, 02:28:51 UTC
I'm very skeptical that bitcoin can even comply. It may not be possible to create the necessary consensus within the community. The power to regulate is the power to destroy and I think the community understands that on a fairly conscious level. That's why the regulation topic is such a contentious issue on the forums and reddit. Regulatory compliance is merely the thin edge of the wedge that would eventually split bitcoin in two if we let it. Was Satoshi's vision for bitcoin based upon principals or compromise? We all know the answer. Bitcoin will be regulated, but only to the extent it is declared illegal and outlawed in the US and probably other parts of the western world as well. The regulation topic is a nebulous intellectual tar baby, it's a blackhole sucking up a lot a brain power that would best be focused on other things, like developing bitcoin services for people in parts of the world who would actually be appreciative instead of telling you that you need to apply for a MTB license.  
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Board Bitcoin Discussion
Re: Do we want to work with money regulators, or keep Bitcoin unregulated?
by
bitlizard
on 24/06/2013, 14:09:44 UTC
Quote
How would these changes get implemented? What kind of a consensus would be required? 

As far as I know when it comes to the sort of thing they're talking about the only way they would be able to do any of what they say is through blatantly illegal means like hacking or by taking control of the Bitcoin source code, since this is pretty much impossible to do I'm confident they have their heads in the sky and they're talking bullshit. What the Bitcoin foundation is are a bunch of self-appointed leaders who think they can become a Bitcoin central bank and I think I can safely say the majority of the people here don't give a flying fuck about them.

Implementing new features into Bitcoin is not illegal. The code is open source and anyone can add anything they want to.

Getting people to accept and use the code with the new features is a completely different story, however.

If they were going to try to implement anything I suppose they would make the changes incrementally while releasing software updates through the github repository. Is that correct? 
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Board Bitcoin Discussion
Re: Do we want to work with money regulators, or keep Bitcoin unregulated?
by
bitlizard
on 24/06/2013, 00:08:56 UTC
Please help a non tech person understand the following:

"We can work with regulators to make sure Bitcoin is acceptable to them. For instance we can ensure that it remains possible to track the flow of money through Bitcoin. We can also ensure that there are options if certain funds need to be frozen and blacklisted, due to fraud, theft, or because they encode illegal data. We can work with them to find ways to apply AML rules to Bitcoin transactions and to the exchanges. There are ways to put taxation into Bitcoin itself, so that taxes are automatically applied when a transaction is made. Maybe even one day we'll be required to prevent dangerous levels of deflation. A lot of these changes are technical, such as improving scalability so transactions can remain on the blockchain, developing P2P blacklist technologies, and preventing deflation."

How would these changes get implemented? What kind of a consensus would be required?
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Board Off-topic
Re: Let's get Dropbox to accept Bitcoin! We're about 4,000 votes short!
by
bitlizard
on 05/05/2013, 03:34:14 UTC
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Topic
Board Economics
Re: List of bitcoin hostile banks. [edit] mod please consider stickying this thread
by
bitlizard
on 28/04/2013, 19:44:35 UTC
I will close my TD account this week citing their unwarranted hostility towards Bitcoin as the reason.
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Board Trading Discussion
Re: Canadian Exchange Cavirtex IPO Today
by
bitlizard
on 27/04/2013, 02:13:45 UTC
I was unaware tha
Does anyone know how dividends are paid out on this investment?

I was under the impression that no dividends had been declared.

Just found this on their site:

"Dividends:
We are in a high growth phase and are spending all of our available capital on progressing our Business Plan. We do plan on paying dividends to our shareholders but do not have an estimated date at this time, we are targeting Q3 2013 for a dividend update."
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Topic
Board Trading Discussion
Re: Canadian Exchange Cavirtex IPO Today
by
bitlizard
on 27/04/2013, 00:21:12 UTC
Does anyone know how dividends are paid out on this investment?
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Topic
Board Service Announcements
Re: 1st Bitcoin Gift card :)
by
bitlizard
on 23/03/2013, 05:28:34 UTC
Design looks nice, but the card value should be denominated in BTC, not dollars.
+1. Design is beautiful, but unless you're preparing a system where the cards are essentially prepaid cards to deposit money in an exchange, denominating in BTC is much easier for the end user.

Whitelisted to post elsewhere. *hint - Project Dev / Marketplace / Bitcoin Discussion depending on what kind of thread you want to make*


that's a scratch-off card, code is at the back... card can be redeemed for bitcoins at giftcoins.me

if you have $200 card for example it will always worth $200, bitcoins value depends on the day you decide to redeem it

First reseller will start selling codes online today, I'll keep you posted

Payment with credit cards Smiley

And this will be the fastest way to get bitcoins, 15sec to make card purchase and then 2-3min for bitcoins to show up in your wallet

looks completely awesome. what is the margin for the seller? will they be available in canada?
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Board Bitcoin Discussion
Re: FinCEN addresses Bitcoin
by
bitlizard
on 19/03/2013, 05:22:05 UTC
So now I'm wondering; is anyone free to use bitcoin? Or, is it only for those granted special permission by FinCEN to use in a specified way?  

I suppose if this community endeavors to interface with the establishment, it will have to get used to being constrained by its rules.  
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Board Bitcoin Discussion
Re: FinCEN addresses Bitcoin
by
bitlizard
on 19/03/2013, 02:12:44 UTC
On the

"Bitcoin and government don't mix"

I'm a politician, I love bitcoin, I belong to a small party (atm, just wait until Cannabis is legaised in the UK Wink

And ye, bitcoin IS the future. Regulation IS key (and as someone rightly mentioned, it's the next stage of its evolution).

https://bitcointalk.org/index.php?topic=152651.0

It would be better to say "current governments (corrupt, greed, banker controlled) and bitcoin don't mix"

But the governments of the future, ohhhh, they're gonna LOVE IT, because using bitcoin will enable the people to love you (as you save them from this horrible state the planet is in).

we must have different definitions of the word government. I define government as a group of people who have claimed a monopoly on the use of violence within a geographical area.
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Board Bitcoin Discussion
Re: FinCEN addresses Bitcoin
by
bitlizard
on 19/03/2013, 01:31:31 UTC
Is the bitcoin community radical enough to cut the US gov out? Like, if, says, the gov attempts to forbid bitcoin, or create unreasonable restrictions?

I'm sure some in the community are more than radical enough. The question is, how many innocent people will have their lives destroyed for non-compliance?
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Board Bitcoin Discussion
Re: FinCEN addresses Bitcoin
by
bitlizard
on 19/03/2013, 01:23:30 UTC
This is pretty much the best news regarding bitcoin we could have gotten from the government.

Are you out of your fucking mind???

No I agree, it is the best news US peoples could have hoped for. Bitcoin is now explicitly legal and will be regulated like real money (we knew it was already real money, but now the "normal business community" will as well).  I've long said that Amazon will not accept Bitcoin until the legal uncertainty is removed. This just removed it.

There is good and bad in this news, but the net effect is extremely good. Bitcoin demolishes all resistance, and just entered the next phase of its evolution.

I understand why people might think this is a good thing, we all knew it was inevitable so I guess I shouldn't be too surprised. Right now we know very little about the scope and or future enforcement of whatever regulation is being cooked up. What I think we do know very well is that, bitcoin and government don't really mix. At all.
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Topic
Board Bitcoin Discussion
Re: FinCEN addresses Bitcoin
by
bitlizard
on 19/03/2013, 00:41:22 UTC
Anyone who thinks this is a good thing for bitcoin is in for a rude awakening.
I had my fingers crossed that bitcoin would get much further along before this happened.
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Topic
Board Bitcoin Discussion
Re: FinCEN addresses Bitcoin
by
bitlizard
on 19/03/2013, 00:38:59 UTC
This is pretty much the best news regarding bitcoin we could have gotten from the government.

Are you out of your fucking mind???